Ergawealth Advisors Inc. Reduces Stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Ergawealth Advisors Inc. lessened its stake in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLFFree Report) by 8.1% during the 4th quarter, Holdings Channel reports. The fund owned 7,105 shares of the company’s stock after selling 630 shares during the quarter. Ergawealth Advisors Inc.’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $480,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SMLF. Parkside Financial Bank & Trust raised its position in shares of iShares U.S. Small Cap Equity Factor ETF by 0.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 36,084 shares of the company’s stock valued at $2,436,000 after buying an additional 154 shares during the period. LifeGoal Wealth Advisors purchased a new stake in iShares U.S. Small Cap Equity Factor ETF in the fourth quarter valued at $2,625,000. Weil Company Inc. acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 4th quarter valued at $446,000. Good Life Advisors LLC purchased a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the 4th quarter worth $806,000. Finally, Beirne Wealth Consulting Services LLC increased its position in shares of iShares U.S. Small Cap Equity Factor ETF by 1.2% during the 4th quarter. Beirne Wealth Consulting Services LLC now owns 63,416 shares of the company’s stock worth $4,282,000 after purchasing an additional 733 shares during the last quarter.

iShares U.S. Small Cap Equity Factor ETF Price Performance

NYSEARCA SMLF opened at $65.82 on Friday. iShares U.S. Small Cap Equity Factor ETF has a 12 month low of $58.48 and a 12 month high of $74.69. The stock has a market capitalization of $1.63 billion, a P/E ratio of 17.64 and a beta of 1.13. The firm’s 50-day moving average is $69.27 and its two-hundred day moving average is $68.11.

About iShares U.S. Small Cap Equity Factor ETF

(Free Report)

The iShares MSCI USA Small-Cap Multifactor ETF (SMLF) is an exchange-traded fund that is based on the STOXX U.S. SmallCap Equity Factor index. The fund tracks an index of small-cap US equities. Stocks are selected and weighted to increase exposure to four factors (quality, value, momentum, and low volatility).

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Want to see what other hedge funds are holding SMLF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLFFree Report).

Institutional Ownership by Quarter for iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

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